Judgements about materiality are made in light of surrounding circumstances, and are affected by both quantitative and qualitative factors.  It should be noted, however, that decisions regarding materiality are not affected by the level of assurance, that …

Obtaining an Understanding of How the Responsible Party Has Compiled the Pro Forma Financial Information and Other Engagement Circumstances (Ref: Para.  17‑Aus 17.1 …

The assurance practitioner may obtain this understanding through a combination of procedures such as: Enquiring of the responsible party and other entity personnel involved in compiling the pro forma financial information. Enquiring of other appropriate …

How the Responsible Party Has Compiled the Pro Forma Financial Information (Ref: Para.  17(b) ) …

The assurance practitioner may obtain an understanding of how the responsible party has compiled the pro forma financial information by considering, for example: The source from which the unadjusted financial information has been extracted. The steps …

In a business combination or divestment, areas that may give rise to complexity in the compilation of the pro forma financial information include allocations of income, overheads, and assets and liabilities among or between the relevant businesses.  …

Nature of the Entity and Any Acquiree or Divestee (Ref: Para.  17(c) ) …

An acquiree may be an incorporated entity or a separately identifiable unincorporated operation within another entity such as a division, branch or line of business.  A divestee may be an incorporated entity such as a subsidiary or joint venture, or a …

The assurance practitioner may have all or part of the required understanding of the entity and any acquiree or divestee, and their respective environments, if the assurance practitioner has audited or reviewed their financial …

Relevant Industry, Legal and Regulatory, and Other External Factors (Ref: Para.  17(d) ) …